Posts Tagged ‘UNO’

The cloud mining service Genesis Mining has added options for its users to mine alternative SHA-256 based crypto coins besides Bitcoin with the purchased hashrate. This is probably the first and only one to offer such service for cloud mining contracts for SHA-256 hashrate, just like they also did with the Scrypt cloud mining hashrate and the option for mining alternative coins and not only LTC. The new SHA-256 coin that you can choose to is currently Unobtanium (UNO), or you can choose to have your most profitable coins mined and automatically exchanged for BitcoinDark (BTCD), DarkCoin (DRK) or Litecoin (LTC).

Genesis Mining has been out of stock for their Scrypt cloud mining hashrate for a while, so currently you can only purchase SHA-256 cloud hashrate and the ability to mine only UNO or BTCD or to share your hashrate between these is interesting, and hopefully we are going to see some other coins available soon. Regarding Scrypt hashrate, since the hardware supplier for the hashrate was ZeusMiner and with regards to the company recently cancelling their plans for next generation chips probably the service will have to find another hardware supplier before offering more hashrate to customers. So for the moment Genesis Mining is only offering SHA-256 cloud mining hashrate that is no longer limited for mining Bitcoins and there should be no problems with availability since the supplier for the hardware here is Spondoolies Tech.

Ultra rarity is this token’s modus operandi. 1 Un per block, halving every 102,000 blocks. Only 196,875 Proof of Work Un will be minted before .0001 minimum block subsidies take effect at block 612,000. Absolutely zero coins premined and as of the first halving, there are roughly 98,000 Un in the wild. 100% Free, Open Source Software / Pure SHA256D / Based on Bitcoin 0.8.99 / No Proof of Stake.

Block reward of .001 coin for the first 2000 blocks to come up to target, no premine. Block reward of 1 coin per block, halving every 102,000 blocks and finishing with a minimum subsidy of .00001 after 612,000 blocks

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